Sentences with phrase «paying increased taxes»

I would like to avoid finding myself in the position of paying increased taxes on money that «passes through me» so to speak.

If the funds are obtained by raising some entities» taxes, then the spending of those paying the increased taxes will decrease, offsetting the increased spending of the recipients of the transfer payments.

«Because my mother did not want to pay increased taxes, but also realized the competitor's life insurance policy was superior, she went through a 1035 exchange to shift her policy over to them.»

Not exact matches

The trust fund is paid for with receipts from the federal fuel tax, and with gas prices at low levels, an increase in the tax might be part of a more extended program.

Ryan was asked on NBC's «Today» show whether the tax bill would increase the deficit or would pay for itself through economic growth.

That's the tax you have to pay when you sell some property, such as stocks, a rental property or a second home, that have increased in value since you bought them.

When an employer reduces pay to offset its payroll tax increase, it could focus on workers who have less bargaining power — typically those with low wages and benefits to begin with.

Its work shows that marginal tax increases have little effect on economic growth, provided the revenue is used to pay for things such as education and healthcare.

Advocates argue that subsidized daycare pays for itself (and is better for the economy): More women are able to enter or re-enter the workforce, increasing families» purchasing power and the amount of taxes paid.

«Finally, due to the recent tax reform, we raised Ryder's quarterly cash dividend to $ 0.52 per share of common stock, an increase of 13 % from the amount Ryder had been paying quarterly since July of 2017.»

President Donald Trump told lawmakers he would support a 25 - cent increase in the federal gasoline tax to pay for his plan to upgrade U.S. public infrastructure, a congressional aide said.

Higher taxes on top earners or increased corporate tax rates for firms with very high CEO - to - worker compensation ratios could rein in executive pay without adversely affecting workers or the economy, the report suggests.

To pay for the change, however, payroll taxes would increase significantly.

Because Congress has refused to either raise taxes or cut other spending to pay for the war, the necessary borrowing has substantially raised the budget deficit and increased the national debt.

Starbucks follows the same path, and in January, the company announced it would use some of its incoming tax savings to increase pay and benefits for its workers.

On the other hand, 71 percent favor the law's Medicaid expansion, 66 percent of young adults favor the prohibition on denying people coverage because of a person's medical history, 65 percent favor requiring insurance plans to cover the full cost of birth control, 63 percent favor requiring most employers to pay a fine if they don't offer insurance and 53 percent favor paying for benefit increases with higher payroll taxes for higher earners.

«Although I don't subscribe to the view that the tax cuts pay for themselves,» he says, «there's considerable evidence to suggest that the increased investment they produce will generate extra revenues to offset a substantial share of those lost to the tax cuts.»

«We're working on a tax reform bill that will reduce our trade deficits, increase American exports and will generate revenue from Mexico that will pay for the wall if we decide to go that route,» said Trump.

It also greatly increased inspections of food «facilities,» and levies new taxes to pay for this inspection overkill.»

Americans want to see tax cuts turn into a pay raise, but on Main Street most small - business owners don't plan to increase employee wages.

But if your income has increased over what you estimated during the year or your expenses are lower than anticipated, you will need to pay the amount owed or be subject to penalties and interest when you finally do pay your taxes.

Prime Minister Justin Trudeau has been adamant his government wouldn't increase taxes on online subscriptions, but his finance minister has suggested the Liberals want to ensure online firms pay their fair share of taxes.

«A tax increase for many ordinary families to pay for a tax cut for the rich» is what Democrats will say.

But while there is a lot we don't know, we can identify a group of taxpayers likely to face tax increases from this proposal: people with moderate to upper - moderate incomes who take itemized deductions, like those for mortgage interest and state and local taxes paid.

Cohn told CNBC the proposed tax cuts will be paid for entirely through economic growth and would not increase the budget deficit.

The deal, agreed to on Monday after 17 hours of talks with eurozone leaders, contains tough conditions including pension cuts, tax increases and the movement of public assets into a trust fund to pay for the recapitalisation of Greek banks.

Without significant increases in corporate taxes and taxes on the wealthy, it is now a virtual certainty that ordinary Canadian families will never enjoy the generous social programs enjoyed by most European families: enhanced maternity leave benefits, livable minimum wages, legislated paid vacation time of up to six weeks a year, genuine unemployment insurance, home care, pharmacare and more.

In recent years, analysts have increasingly assumed, in their models, that deficits resulting from tax cuts are ultimately paid for by tax increases or spending cuts several decades in the future.

Contrary to what Mr. Oliver is selling, revenue - neutral carbon taxes won't increase the amount of taxes paid by Canadians, instead they'll just shift the tax burden to other areas.

Penalties increase each month you don't file taxes or pay what you owe until they max out at 25 percent of your unpaid taxes.

A second paper in 2010 found a slightly smaller effect (a 0.5 to 0.6 percent decrease in wage rates per 1 percent increase in corporate tax rates) but still concluded that labor was ultimately paying the tax.

The first way of taxing folks is pretty straightforward: if you buy virtual tokens and they increase in value, you'll pay either a short - or long - term capital gains tax when you sell.

If these changes go through, there are many scenarios where a typical middle - class, family - run business from which the owners draw a salary of $ 100,000 could see a substantial — 20 to 50 per cent — increase in tax paid.

An analysis found that even a big increase to a full retirement age of 70 would only take care of 25 % of the Social Security funding gap, while a 1 % tax increase would make up for 52 % of the problem and eliminating the taxable wage cap would pay for 74 %.

Almost six in 10 adults (57 %) say they would be willing to pay one dollar more per week in taxes to increase federal funding for the scientific research into the causes and treatment of pain.

As mass adoption continues to increase, the time honored tradition of paying taxes might ironically be the catalyst needed to reconcile our fiat past with our crypto future.

The fund will pay for the increases in property taxes for residents who have lived in the area since at least 2016 so that they're not priced out of their homes.

If the value of what you sold has increased from when you purchased the token (s) in question, you're responsible for paying capital gains tax on the difference.

So to take advantage of the SEP - IRA, one must increase their salary to $ 212,000, paying additional payroll taxes than if one were to keep a lower salary and pay higher distributions.

But paid - for tax reform is better for growth than deficit - increasing tax reform.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

The publication of these projections comes at a time when lawmakers in Congress are debating whether tax cuts and some spending increases should be added to the debt rather than paid for.

Proponents of full expensing also suggest that bonus depreciation is a tax cut that pays for itself, citing dynamic revenue estimates that show increased economic activity will bring in more revenue than the provision costs.

New York City just announced a 17 % increase in subway transport fares to take effect in December — mainly so as to avoid taxing property, so that investors and homeowners will be able to pay the banks.

Last week the Fraser Institute released a report arguing for a shift in Canada's tax mix that would increase the GST to pay for personal and corporate income tax cuts.

on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.

To put it simply, it means increasing spending and paying for the higher spending by raising taxes or going into deficit.

One of the biggest challenges facing all levels of government in the 21st Century has been Canadians» increasing reluctance to pay the higher taxes needed to fund the services they want.

The proposal is about the federal government providing funding to groups, who need assistance and paying for this additional funding by a small «revenue neutral» tax increase.

The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.